HUD restricts Section 184 tribal loan program for non-permanent residents.
HUD has updated residency rules for the Section 184 Indian Housing Loan Guarantee program, now excluding non-permanent resident aliens from eligibility.
Mortgage Rates Fall to Lowest Level in Nearly a Year Following ADP Report
Mortgage rates have hit a new low, influenced by a lackluster ADP jobs report. Attention shifts to the upcoming Jobs report for further economic insights.
California Tops the Nation in At-Risk Housing Markets for Q2
In 19% of analyzed counties, residents require over half their wages for homeownership, highlighting rising affordability challenges in the housing market.
Multifamily Mortgage Lending Sees a 17% Increase
More than half of active lenders issued five or fewer multifamily loans annually, indicating a shift in lending strategies within the multifamily sector.
Maryland Governor Moore Issues Executive Order to Increase Housing Production
Maryland's Housing Leadership Awards aim to incentivize local jurisdictions to enhance housing development, fostering improved production and community growth.
Click n’ Close Offers 5/1 ARM with Down Payment Assistance for New Homes
Explore the SmartBuy 5/1 ARM Down Payment Assistance program, which combines a first mortgage with a repayable second mortgage to enhance affordability for homebuyers.
Report Reveals One in Four Homes at High Risk from Climate Hazards
Assessing climate risks is crucial for private lenders, given that 1 in 4 U.S. homes faces acute threats that could impact real estate values significantly.
$12.7 Trillion in American Homes Exposed to Significant Climate Risks
Data reveals that climate-related risks from flooding, hurricanes, and wildfires are significantly influencing housing markets and insurance access for private lenders.
Reverse mortgage production metrics declined in August.
"Despite a steep drop in August endorsements, wholesale sponsors such as Longbridge and Finance of America played a key role in stabilizing market volumes."
The 25-Year Housing Surge and the Start of Its Next Phase
Explore the unprecedented 25-year housing surge in the U.S., marking a transformative era for private lenders and reshaping the housing market landscape.